Tag Archives: Natural gas

December 1, 2017EconomyComments Off on DESFA to lower natural gas transmission fees for businesses and households

Households and businesses will see a small reduction in the prices of natural gas as the National Natural Gas Transmission System Operator SA (DESFA) announced it would lower its fees on the use of natural gas transmission infrastructure from May 1, 2018. The benefit is expected to be rolled over …

Greece is unlikely to suffer significant losses amid Brexit but could instead benefit from shipping and service companies looking for alternative post-Brexit locations, Vassilios Korkidis, the president of the Hellenic Confederation of Commerce and Entrepreneurship (ESEE), told Russia’s Sputnik. The Brexit negotiations between the United Kingdom and the European Union …

June 8, 2017EconomyComments Off on Gazprom ready to consider TAP as alternative for supplies to Europe

Russia’s Gazprom is ready to consider the Trans-Adriatic Pipeline (TAP), designed to transport natural gas from Azerbaijan to the EU countries, as an option for gas supplies to Europe, Kommersant newspaper reported referring to its sources. Gazprom is now leaning towards the Poseidon gas pipeline as the main option for …

April 5, 2017EconomyComments Off on ExxonMobil, Qatar Petroleum sign drilling deal with Cyprus

ExxonMobil and partner Qatar Petroleum on Wednesday signed an agreement with Cyprus to carry out exploratory drilling off the east Mediterranean island’s southern coast, where officials hope sizeable deposits of oil and gas could be found. Qatar Petroleum Chief Executive Saad Sherida Al-Kaabi said the area, or block, where the …

Greek Prime Minister Alexis Tsipras, Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nikos Anastasiades came together to Nicosia and signed a joint cooperation declaration that has been hailed by the three leaders as “historical”. The three leaders pledged closer cooperation in seven fields: energy, tourism, research and technology, environment, …

All eyes are on Greek Prime Minister Alexis Tsipras visiting Moscow, holding talks with Russian President Vladimir Putin. The BBC had a live stream when Tsipras laid a wreath at the Monument of the Unknown Soldier in the Red square Just like the UK-broadcaster would if the Pope or President …

November 4, 2014Turkey-GRComments Off on Greece -Turkey: tension is high as Ankara tries to conduct research in Cyprus EEZ

A new tension is high between the arch rivals and close neighbors on the west and east of the Aegean Sea, as Turkey is staging one provocation after the other, playing the game the country knows very well: claiming rights in the Aegean and the Eastern Mediterranean Sea. Reason for …

…and another half cannot afford to heat with natural gas, I suppose, because prices are just slightly lower. However the real plague is indeed the heating oil, because people have to fill the tanks and stump up some 700-800 euro. in advance. 44 % of Greek households told a survey …

The gap between theory and practice… That’s the main problem of institutional technocrats seeking solutions to countries where real people live in. They just don’t get it. that their theoretical approach is good on academic level but a failure in real life. A fact that is being confirmed again and …

finally we know why the European and especially Germany do not want Greece outside the euro zone. Allegedly because through Greek soil the European Union can manage to free itself from the Russian dominance of main natural gas supplier Gazprom. The EU dream can be materialized through the Trans Adriatic …

February 26, 2013EconomyComments Off on Greece to raise extra fees for natural gas consumption

Their imagination is endless when it comes to steal the last cent I do not have form my pocket. Greek Energy Regulatory Authority plans to raise a so-called ‘security of supply” fee for consumers who use natural gas to heat their homes. The fee allegedly aims to “finance actions to …

That was the number one topic over Christmas dinners and lunches, among family members, relatives and friends: the heating! “Do you heat this winter?” was the first question after the exchange of the usual Holy Fest wishes, the kisses and the admiration of the Christmas tree. The moment the aunts, …

The tragedy in Kavala where three children lost their lives in a house fire reached the other side of the big river, the Atlantic Ocean. Washington Post published an article on the issue, stressing the most striking aspect of the story: that these children had not be dead today, if …

Offshore natural gas could dramatically change Greece’s fortunes, should early estimates of $600 billion worth of reserves be confirmed, according to a study presented to Prime Minister Antonis Samaras in June and seen by Reuters. The study, collating existing scientific data, says that geological similarities indicate that reserves offshore Crete …

March 8, 2011Turkey-GRComments Off on Kastellorizo: What’s in the mind of Turkish FM Davutoglu?

That Ankara keeps an eye on the islet of Kastellorizo is not new. But Turkey’s insistence that the tiny island should be left out of the bilateral exploratory talks is something I don’t like at all. Should we see it as an Ankara’s attempt to create a new ‘grey zone’? Not similarly to …

February 8, 2011Israel-GRComments Off on American Jewish Leaders to meet the Greek Political Leadership

I am impressed! The fifty members of the Conference of Presidents of Major American Jewish Organisations, currently in Greece for their annual meeting, will have talks with the political creme de la creme of what the humble and debt-ridden country has to offer. Staring with the President of the Greek Republic and Prime …

February 2, 2011Economy, Turkey-GRComments Off on Azerbaijan to supply gas to Greece without Turkey’s mediation

Azerbaijan, Turkey and Greece agreed to sign a new agreement. It will allow transporting Azerbaijani gas to Greece without the mediation of Turkey, Azerbaijani Minister of Industry and Energy Natig Aliyev said following the signing of the protocol at the third meeting of the Azerbaijani-Greek intergovernmental commission on economic cooperation. …

US Secretary of State Hillary Clinton has cancelled her visits to Athens and Ankara due to the protests in Egypt and demonstrations in several Middle East and North African countries. The news was reported by the Washington correspondent of Greek private television Mega Channel. Hillary Clinton was scheduled to visit …

Although not officially announced yet, US Secretary of State Hillary Rodham Clinton is due to visit Athens next month, most likely on February 6 or 8, 2011. Clinton will hold talks not only with her Greek counterpart Dimitris Droutsas but – and not differently excepted -with Prime Minister George Papandreou. …